Britain sets new obligations for Mastercard, Visa
Britain's Payment Systems Regulator (PSR) highlighted the lack of effective competition in core credit card…
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UK
S. Korea, Alibaba platforms deal on product safety
South Korea's government has signed an agreement with Alibaba's AliExpress and PDD Holdings' Temu, focusing on…
UK house prices sees unexpected fall in April
UK house prices have seen a decrease for the second consecutive month in April, as per Wednesday data from…
Abu Dhabi raises $5b from eurobond market after 3-yr hiatus
Abu Dhabi has entered the Eurobond market for the first time since 2021, raising a substantial $5 billion in what…
Egypt sees $400m in budget support from UK – minister
Egypt is anticipating a $400 million infusion in budget support from the UK over two years, marking the latest…
Pound near 4-month low as BOE rate cuts loom
The pound fell towards $1.25, a level not seen since December, as traders bet on the Bank of England (BOE) making…
UK grocery inflation dips to 4.5%
UK grocery price inflation dropped to its lowest since February 2022, but nearly 25 per cent of British households…
Asian shares rise on positive Chinese data
Asian shares rose on Monday as Chinese data exceeded expectations, while investors braced for a series of central…
Volvo revs up EV charging with Breathe Battery tech
Volvo Cars announced on Tuesday an investment in the UK-based startup Breathe Battery Technologies, to utilise the…
Nationwide offers to acquire Virgin Money UK in £2.9b deal
The UK's largest building society Nationwide, has a history of successful acquisitions, has agreed to buy Virgin…